Unlock new markets and confidently deliver parametric insurance products that are tailored to the individual needs of your customers with Socotra. Whether you’re selling insurance for business interruption, cloud downtime, weather events, or other situations, we enable you to easily integrate third-party technologies, deliver more accurate pricing, and automate workflows.
Accurately depict exposures to improve risk assessment and pricing; offer coverage for hyper-specific loss scenarios; and automate claims workflows and straight-through-processing—all with Socotra.
Make smarter, faster risk decisions with up-to-date property and customer data, available instantly and automatically
Build and launch insurance products for virtually any situation with speed and ease. Using Socotra’s product inheritance, you can effectively manage product variations for different geographies, risk appetites, and partners from a central definition
Seamlessly connect digital solutions, such as sensors and IoT devices, to monitor the parameters and automate the claims process
Make smarter, faster risk decisions with up-to-date property and customer data, available instantly and automatically.
Seamlessly connect digital solutions, such as sensors and IoT devices, to monitor the parameters and automate the claims process.
Build and launch insurance products for virtually any situation with speed and ease. Using Socotra’s product inheritance, you can effectively manage product variations for different geographies, risk appetites, and partners from a central definition.
Seamless upgrades eliminate business interruptions
State-of-the-art encryption, access controls, and continuous monitoring
Multi-tenancy and continuous upgrades with zero downtime
Effortlessly meet and exceed complex compliance requirements
Seamless upgrades eliminate business interruptions
Multi-tenancy and continuous upgrades with zero downtime
State-of-the-art encryption, access controls, and continuous monitoring
Effortlessly meet and exceed complex compliance requirements
Uniquely agile and scalable, Socotra empowers insurers of all sizes to think, act, and grow more effectively and efficiently with the industry’s only proven, mature enterprise platform.
Test our platform by configuring a usable insurance product you can bring to market on day one.
